dollar drop

 
 

US February job growth weakest in nearly 1-1/2 years

WASHINGTON, March 9 — US employment growth almost stalled in February, with the economy creating only 20,000 jobs, adding to signs of a sharp slowdown in economic activity in the first quarter. The meagre payroll gains reported by the Labour…


Australia denies China ban on coal imports amid tensions

SYDNEY, Feb 22 — Canberra today denied reports Australian coal was being blocked from entering China, as the government sought to quell fears that worsening diplomatic tensions are damaging the nations' crucial trading relationship. Industry…


US dollar drops after US retail data suggests economic slowdown

NEW YORK, Feb 14 — The dollar dropped to session lows this morning following a report that US retail sales recorded the biggest drop in more than nine years in December, suggesting a sharp slowdown in economic activity at the end of 2018. The…


Dollar drops after cautious Fed says will be patient with rate hikes

NEW YORK, Jan 30 — The dollar fell yesterday, after the Federal Reserve held interest rates steady, as expected, and struck a cautious tone on its outlook for the economy and future interest rate increases. The greenback hit session lows versus…


New year stocks rally stalls as trade talks, data disappoint

LONDON, Jan 10 ― The early year rally in world stocks ran out of steam in Europe today and the dollar dropped to a near three-month low, as mixed signals from US-China trade talks and caution at the Federal Reserve applied the brakes. China said…


China-US begins new trade negotiations, ECB ends stimulus

Fundamental outlook CHINA announced a standstill of the 25 per cent import tariff on US automobile imports starting from January 1. This was in-line with the 90-day truce with US Government to retain the status-quo while entering into a new negotiation phase to iron out the trade imbalance. China’s industrial production and retail sales on […]


Dollar makes a comeback as equities rout drives safe haven bid

SINGAPORE, Nov 21 — The dollar firmed against its major peers today, extending overnight gains as investors shunned riskier assets in favour of safe haven currencies on heightened concerns about slowing global growth and the US-Sino trade war. The…


Asian shares struggle to shake off rout despite Wall St bounce

SHANGHAI, Oct 26 — Asian shares wobbled in early trade today, struggling to shake off the previous day's global markets rout, after weak results from tech giants Alphabet Inc and Amazon.com heightened concerns over world trade and economic growth….


Asian shares drop as Trump slaps new tariffs on China

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TOKYO, Sept 18 — US stock futures and Asian shares fell today after US President Donald Trump said he will impose tariffs on an additional US$200 billion (RM827.8 billion) worth of Chinese imports, in a sharp escalation of the trade conflict…


Asian shares fall under pressure from trade, emerging markets worries

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SHANGHAI, Sept 4 — Asian shares fell in early trade today, amid growing concerns over escalating international trade disputes and as emergency austerity measures in Argentina highlighted turbulence in emerging markets. MSCI's broadest index of…